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29 January 2025 | 10 replies
If I invested 100K today, they are currently providing anywhere from 60 to 72% passive tax deductions due to cost segregation, depreciation, etc.
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29 January 2025 | 5 replies
First thing I notice is the big jump in ARV from the Total Project Costs.
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5 January 2025 | 4 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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15 January 2025 | 144 replies
Also, how much does it cost to get set up on this patented software system?
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8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.
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4 February 2025 | 3 replies
Which ok, I get it, ACH cost money, BUT, RentRedi does not give the landlord the option to pay that.
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10 January 2025 | 13 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3143781/small_1735345209-avatar-jamesa779.jpg?twic=v1/output=image&v=2)
6 February 2025 | 3 replies
in 3 years you can pay off any mortgage 500,000 or less for $1,500 bucks.. or in 5 years a $477,000 mortgage for $100..I am implementing something new for the real estate industry, primarily to mortgage holders & the rent to own industry, as a shorter-term approach to be mortgage free, without cost being an obstacle ..
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8 February 2025 | 5 replies
i would love to buy a 3-4 unit that could both reduce my cost of living and cash flow. move out and redo the process a few times every year.
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22 January 2025 | 4 replies
Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.